Forest Leisure Cycling Burley Ltd

Forest Leisure Cycling Burley Ltd, based in Lyndhurst, UK, is a small, active company founded fifteen years ago. With 26 employees and a real address, it’s a solo-founded operation led by one director and owner. The company’s status is currently overdue by 21 days, a slight hiccup in its otherwise steady course. It regularly imports and exports vehicles, parts, and accessories (excluding trains and trams), with 35 months of import activity and 3 months of export activity recorded.

The company operates as a cycle retail and hire specialist, as evidenced by its website. It offers sales, hire, accessory sales, and cycle repairs, catering to the New Forest National Park area. The website showcases a range of bikes for sale, including new and ex-hire models, alongside route suggestions and repair services. It’s clearly focused on serving the local cycling community and attracting tourists seeking to explore the area.

Financially, Forest Leisure Cycling Burley Ltd presents a mixed picture. While turnover remains undisclosed, net assets have taken a significant hit, dropping 52% to £250,000. Cash bank on hand has also declined by 21%, settling at £77,000. Trade debtors have decreased, suggesting better management of customer payments, but creditors have also fallen by 41%, which could indicate a need for more working capital. Property, plant, and equipment have seen a substantial decrease, particularly commercial motor vehicles, which is a concern. The company’s small size (meeting two of three criteria for turnover under £10.2m, assets under £5.1m, and fewer than 50 employees) allows for flexibility, but the decline in equity and asset values warrants attention. As a small company, it’s exempt from a full audit, relying on unaudited statements.

The company’s recent changes to both the director and owner lists, four months ago, are a positive sign, suggesting fresh perspectives and potential for growth. However, the financial figures indicate a need for careful management to ensure long-term sustainability.

Registered in England/Wales under the registration number 07192169, with a registered address at SO43 7BG, England, Lyndhurst, 56 High Street.

WARNING:The numbers have been rounded for simplicity and may be inaccurate.Please, refer to the latest financial report for verification.